Tuesday, December 31, 2013 10:29:17 AM
No. I origanally thought Scott was doing it to show the world that he was a first class miner. Fast forward to 5 years of stinky pinky activity and I have to admit Scotts goals are to do nothing more than what he is doing now.
Sell shares in the company slow as possible and have what money the company makes from shares paid to him or his friends. Make a living off the backs of the little money and do as little as possible to get it.
He apparently has spent well over that on "exploration fees" over the years since he was told that the $2M needed to be spent.
Nothing was explored so I would say the money could have been spent actually exploring the mine site with a few drill holes at least.
Look at any other mine and check the drilling logs prior to the 43-101. You will find most mines with scores of holes drilled (if not hundreds) and many more planned so that they can expand the resource estimates and increase the value of the mine to allow easier financing.
Scott has drilled 12 holes years ago and cant find the cores for the holes he is referencing from 60 years ago. He has no plan to drill more and is waiting for money to fall from the sky.
Does that sound like a serious miner?
Dont you think that a CEO would only give a year to someone who has what he considers the "right deal"?
Why would he waste a year + on SOE if the deal was so bad that he decided it would be better to just sit around doing nothing than to get the mine rolling?
Lets put it this way...
When you want to sell a car you wash it first to make it look as presentable as possible so you will get as much for it as you can.
When you want to sell a mine you drill it first and make the resource as presentable as possible.
Scott stopping after 12 holes is about the same as washing the drivers door of a car covered in mud.
Nobody is going to sink millions and millions into a resource with only 12 holes drilled.
Scott needs to become a serious miner if he wishes to mine.
He is only a serious scammer at this point.
how can I say that?
Its simple... list the things he has done... Not just the parts you want to see but all of it.
He has done more things needed to operate a scam than things needed to operate a mine.
His goals are obvious.
Maybacks Global Entertainment and ZEASN Technology Private Ltd. Sign Global Licensing Agreement • AHRO • Aug 8, 2024 7:00 AM
SANUWAVE Will Host a Conference Call on August 13, 2024 at 8:30 AM (ET) to Present Q2 Financial Results • SNWV • Aug 8, 2024 6:59 AM
Kona Gold Beverage Inc. Signs Letter of Intent with Bemax, Inc. to Sell Kona Gold, LLC • BMXC • Aug 7, 2024 10:00 AM
Btab Ecommerce Group, Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • BBTT • Aug 7, 2024 9:00 AM
Hydromer, Inc. Announces Preliminary Unaudited Second Quarter 2024 Financial Results and Provides Business Update • HYDI • Aug 7, 2024 8:52 AM
North Bay Resources Announces Mt. Vernon Gold Mine Startup, Sierra County, California • NBRI • Aug 5, 2024 9:00 AM